Friday, February 4, 2011

Invoiece Types

AP INVOICE
11 invoice are there
1) Regular invoice (9)

2) Special invoice (2)

1) Regular Invoice

1. Standard invoice :

    We will make all the payments based on the structure invoice. In standard invoice we will enter the supplier, supplier type, invoice account, date and currency.

2. Credit memo :

   We will create the credit memo invoices whenever supplier giving the discounts.


3. Debit memo :
   Some times company will deduct some amount from the invoice amount that will be make it debit memo.

4. Prepaid invoice :

    Advance payment paid to the supplier for future purpose.
There are two types.
Temporary :
   This is adjustable towards the invoice.
Permanent :
   This is not adjustable towards the invoice but can be convertible to temporary prepayment.

5. Expense Invoice :

    These will be applicable for employees who are working in the company where ap and internal expenses and project expenses will be included.

6. Quck invoice :

   
7. Mixed invoice :

    A Mixed invoice includes negative and positive amounts. We can match these invoices with purchase orders  and their invoices.

8. PO default  :

    If We want to make invoice as per the po then we will create the po default. We will give the po number system will pick the complete po information.
 

9. Withholding Tax invoice :
   We  have to pay the tax for some goods.

2) Special Invoice

1. Recurring invoice :

    We can create invoices for periodic business for which we may not receive from the suppliers. 
 
2. Interest invoice :


AR TRANSACTIONS ( Invoice ) 7
1. Invoice
2. Credit memo
3. Debit memo
4. Deposit
5. Guaranty
6. Chargeback
7. Bills Receivables 

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